St. Paul daily globe., 1887-01-22

in this matter effective. was also adopted.
A resolution also submitted by the Cinein-
natl chamber of commerce. asking congress
to consider at an early day the feasibility
and practicability of converting 81, OOO.-
600, 0O0 of the present bonded 3 per
cent. bonded debt into long term
bonds, bearing interest at the
rate of 2 per cent. per. annum,
with view to the use of them as security
for national bank issues, government de-
posits and other forms of trusts was, after
a brief discussion. adopted. A resolution
to the effect that the most imperative and
pressing duty imposed upon congress is the
adoption the measures necessary to protect
and fortify the coast and sea ports of our
country. and to make adequate appropria-
tions therefor. and that the defense of the
harbors of New orll and San Francisco
should be the work first undertaken, as in
volving the largest risk and being the least
protected of our larger cities. was adopted,
as was also a resolution proposed by the
New ork board of trade, and transporta-
ton, favoring reciprocity treaties with
Canada and the republics of Mexico and
San Domingo. provided that they be truly
reciprocal in their provisions.
Resolutions presented by the board of
trade of Chicago, recommending the imme-
diate revision of the tariff laws to revenue
basis; from the New Haven chamber of
commerce. favoring the abolition of inter-
nal revenue taxes and from the New York
board of trade and transportation, declaring
that the internal revenue tax on alcohol
used in the arts and manufactures should
be abolished, were next taken up. A
lengthy debate ensued. Finally Mr., Nc
Laren. of Milwaukee,
SUBMITTED A SUBSTITUTE
for the other resolutions. which was al
most unanimously adopted. 1t is as fol-
lows:
Whereas Certain foreign governments arc
discriminating against the Importation of
Americ an products: and
Whereas, The business of this country re-
quires judicious revision of the tariff; there
fore, be it
Resolved. That we recommend such revi-
sion OF our tariff laws as will terd to promote
| friendly intercourse with other nations; but
always with the distinct aim TO foster and
encourage such of our own manufacturing
industries as are of important benefit to the
people at large.
A resolution asking congress to prohibit
state taxation of drummers travelling from
state to state was adopted, after which Mr..
Robert Lindblom, of Chicago. read paper
Oh The Relations Between Labor and
NdplCdI. tIle AledllS W DG AuUpt6Q 10 ddT-
monize Them He held that the laboring
classes should not only be allowed, but
should be encouraged in all efforts to i'm
prove their condition, so long as they did
not interfere with the rights of others.
The
LABORING CLASSES
had unjustly been blamed for anarchism,
communism and socialism. He ascribed
the present labor trouble to the initiation of
capital and said that while capital repre-
senting accumulated labor was sacred, much
so-called capital represented accumulated
fraad. He would have the watering of
stock made criminal. as one of the most
effective means to remedy present difficult
ties, and submitted resolution in accord
with his paper which was re-
ferred to the executive committee
A series of resolutions favoring changes
in the laws regulating the procedure in the
customs service were adopted unanimously.
Resolutions were also passed favoring the
amendment of the constitution so as to al
low the president to veto separate items in
an annual Appropriation bill, and endeavor
to make treaties with foreign governments
that will secure the eXtraditon of all fugi-
tive criminals. The board then adjourned
to meet in Washington next year, date to
be fixed by the executive council.